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Real Estate News Releases
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(CHARTPOPPERS.COM, January 27, 2010 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Regions Financial Corp (NYSE: RF)
The Consolidated Investment Analysis on Region Financial Corp (NYSE: RF)will be in particular interest to other competing companys within in its sector, such as Bank of America (NYSE: BAC), JP Morgan Chase ( NYSE: JPM) and American International Group (NYSE: AIG)
Regions Financial Corporation (Regions) is a financial holding company that operates throughout the South, Midwest and Texas. The Company provides traditional commercial, retail retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.
Recent News on Region Financial Corp (NYSE: RF)
In the latest quarter, the bankÂ’s rising nonperforming assets continued to hurt the bankÂ’s performance. Its nonperforming assets as a percentage of loans and other real estate totaled 4.83 percent, versus 1.76 percent during the same period a year ago. The bank set aside $1.18 billion for bad loans in the fourth quarter. According to Thomson Reuters, analysts had expected an average loss of 34 cents per diluted share. Instead, Regions lost 51 cents per share.
The Birmingham-based bank continues to increase its provision for loan losses, up from $1.03 billion, $912 billion and $425 billion in preceding quarters. For the year, the company reduced its staff by 9 percent — 2,300 workers total. Five hundred of those cuts came in the fourth quarter.
“We are obviously not pleased with the fourth quarter loss but believe that we have taken the appropriate steps to reserve for credit-related problems,” CEO Dowd Ritter said in a news release
To view the Consolidated Investment Analysis on Region Financial Corp (NYSE: RF) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com 
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